On June 26 in a speech given at the Georgetown University President Obama acknowledged that climate change poses an immediate threat and outlined the President’s Climate Action Plan, which goes further than other attempts of previous US Presidents to address climate change. The Plan includes measures to increasing fuel economy standards and developing advanced transportation technologies like batteries and fuel cells:
” More broadly, the Administration will continue to leverage partnerships between the private and public sectors to deploy cleaner fuels, including advanced batteries and fuel cell technologies, in every transportation mode. The Department of Energy’s eGallon informs drivers about electric car operating costs in their state – the national average is only $1.14 per gallon of gasoline equivalent, showing the promise for consumer pocketbooks of electric-powered vehicles,” states the Climate Action Plan.